Special Report May 14, 2018	Days:  03 10 14 15 13

economics

AVERAGE HOTEL PRICES IN GEORGIA AND HOTEL PRICE INDEX (APRIL 2018)

PMCG

- The 3-star, 4-star and 5-star hotel price index increased by 3.4% in April 2018, compared to March 2018;

- The prices for guesthouses increased by 6% in April 2018, compared to March 2018;

- According to Airbnb, in April 2018, looking at the capital cities of Georgia and its neighboring countries¹ the cheapest apartments were found in Ankara (on average US$35 per night), while the most expensive were found in Moscow (on average US$130 per night);

- On Airbnb, in April the average price of an apartment in Tbilisi was US$44 per night, while in Georgia as a whole it was US$45 per night;

- According to the Georgian National Tourism Administration, during 2016-2017 the highest number of accommodation units² in Georgia were opened in Guria, with a total of 30 units.

AVERAGE HOTEL PRICES

In Georgia, the average cost of a room³ in a 3-star hotel was GEL 136 per night in April 2018.




AVERAGE HOTEL PRICES IN GEORGIA AND HOTEL PRICE INDEX (APRIL 2018)

PMCG

- The 3-star, 4-star and 5-star hotel price index increased by 3.4% in April 2018, compared to March 2018;

- The prices for guesthouses increased by 6% in April 2018, compared to March 2018;

- According to Airbnb, in April 2018, looking at the capital cities of Georgia and its neighboring countries¹ the cheapest apartments were found in Ankara (on average US$35 per night), while the most expensive were found in Moscow (on average US$130 per night);

- On Airbnb, in April the average price of an apartment in Tbilisi was US$44 per night, while in Georgia as a whole it was US$45 per night;

- According to the Georgian National Tourism Administration, during 2016-2017 the highest number of accommodation units² in Georgia were opened in Guria, with a total of 30 units.

AVERAGE HOTEL PRICES

In Georgia, the average cost of a room³ in a 3-star hotel was GEL 136 per night in April 2018.